A Physical Count of the Inventory System at Year End

question 141

True/False

A physical count of the inventory system at year end is only required in the periodic system of inventory.

---

Definitions:

Anticipatory Stage

This stage refers to the process of socialization before an individual joins an organization, where they form expectations and attitudes about their upcoming work environment.

Organizational Citizenship Behaviour

A type of behavior exhibited by employees that is discretionary, not directly or explicitly recognized by the formal reward system, and that in the aggregate promotes the effective functioning of the organization.

Person-Job Fit

The compatibility between a person's skills, experiences, and values and the requirements, dynamics, and culture of a job.

Organizational Identification

The extent to which employees associate themselves with their organization, adopting its values and goals as their own.